Penalty under section 271D equals the amount of loan or deposit taken or accepted under tax law. Penalty under section 271D equals a sum matching the amount of any loan, deposit, or specified sum taken or accepted in contravention of the provision, ... Summary
Penalty under section 271D equals the amount of loan or deposit taken or accepted under tax law.
Penalty under section 271D equals a sum matching the amount of any loan, deposit, or specified sum taken or accepted in contravention of the provision, making the penal liability coextensive with the funds received.
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